965 Eldridge Ave
Memphis, TN 38107
Downtown- Studio
- 2,640 sqft
Studio
2,640 sqft
Local Information
-- mins to
Description
Great Investment Opportunity! Tenant Occupied! Don't Disturb Tenant! Brick 4-Unit Complex located near the downtown area. Each unit is a 1bed/1bath. One unit is currently occupied at $450 monthly w/lease ending 8/29/25. There is a fully renovated unit that is rented at $625 and lease ends 10/25. Units 3 & 4 need full rehabs. Professionally managed (lease, ledger, & repair history available). AS-IS Cash! No creative/owner financing, no wholesalers, or assignments. ONLINE VIDEO AVAILABLE.
965 Eldridge Ave, Memphis, TN 38107 is a studio, 2,640 sqft multi-family in Downtown, built in 1940. It last sold for $86,500 on Nov 25, 2024 (31% below the $125,000 asking price). More recently, it was listed as a rental in February 2024 with an asking price of $675 per month. That rental listing was removed on May 1, 2024. It is currently off market. The Trulia Estimate is $96,100, with a rent estimate of $1,027/month.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 965 Eldridge Ave
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MLS Status: Closed |
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Dimensions and Layout Living Area: 2640 Square Feet |
Appliances & Utilities Laundry: Individual |
Heating & Cooling Has CoolingAir Conditioning: Wall/Window Unit(s)No Heating |
Windows, Doors, Floors & Walls Flooring: Wood, Laminate |
Levels, Entrance, & Accessibility Stories: 1Levels: Three Or MoreFloors: Wood, Laminate |
View No View |
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Exterior Home Features Roof: OtherNo Private Pool |
Parking & Garage No Attached Garage |
Frontage Not on Waterfront |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: QuadruplexArchitecture: Quadruplex |
Building Construction Materials: BrickNot a New ConstructionAttached To Another Structure |
Property Information Parcel Number: 021049 00001 |
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Price List Price: $125,000 |
Status Change & Dates Off Market Date: Mon Nov 25 2024Possession Timing: Immediate |
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Direction & Address City: MemphisCommunity: Victory Courts |
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Building Area Building Area: 2640 Square Feet |
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Not Senior Community |
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Lot Area: 9945 sqft |
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Special Conditions: Standard |
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Expense Tenant Pays: Electricity, Water, Gas |
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Mls Number: 3084852Attribution Contact: 9018335456 |
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HOA Amenities: Sidewalks |
Last check for updates: about 5 hours ago
Listed by Monica Bynum, (901) 833-5456
Crye-Leike, Realtors
Tyler Tapley, (901) 871-1290
Crye-Leike, Realtors
Bought with: Monica Bynum, (901) 833-5456, Crye-Leike, Realtors
Source: RealTracs MLS as distributed by MLS GRID, MLS#3084852

Price History for 965 Eldridge Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 11/25/2024 | $86,500 | Sold | RealTracs MLS as distributed by MLS GRID #3084852 |
| 11/08/2024 | $125,000 | Pending | MAAR #10177119 |
| 10/21/2024 | $125,000 | PriceChange | MAAR #10177119 |
| 08/06/2024 | $135,000 | PriceChange | MAAR #10177119 |
| 07/23/2024 | $155,000 | PriceChange | MAAR #10177119 |
| 07/17/2024 | $185,000 | Listed For Sale | MAAR #10177119 |
| 05/01/2024 | ListingRemoved | Zillow Rentals | |
| 02/10/2024 | $675 | Listed For Rent | Zillow Rentals |
| 04/05/2019 | $59,000 | Sold | MAAR #10043979 |
| 01/16/2019 | $59,000 | Listed For Sale | Agent Provided |
Market trends in Downtown
Last updated May 2026
Avg. sale price
$119K
$8KMoM
Sale-to-List Price
96.9%
Price per sq ft
$92
$2MoM
Available listings
341
12MoM
Comparable Sales for 965 Eldridge Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.55 | Multi-Family Home | $184,400 | 12/12/25 | - | 3,456 | ||
0.90 | Multi-Family Home | $150,500 | 08/29/25 | 4 | 2 | 1,428 | |
0.90 | Multi-Family Home | $150,500 | 08/29/25 | 4 | 2 | 1,406 | |
0.86 | Multi-Family Home | $188,000 | 09/26/25 | - | 3,144 | ||
1.25 | Multi-Family Home | $182,000 | 08/22/25 | 4 | 2 | 1,760 | |
1.17 | Multi-Family Home | $245,000 | 09/16/25 | 4 | 2 | 1,915 | |
1.48 | Multi-Family Home | $77,000 | 09/02/25 | 8 | 3 | 1,762 | |
1.33 | Multi-Family Home | $121,500 | 08/13/25 | 2 | 2 | 1,057 | |
1.41 | Multi-Family Home | $170,000 | 12/10/25 | 3 | 2 | 2,018 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 965 Eldridge Ave.
What Locals Say about Downtown
At least 263 Trulia users voted on each feature.
85 % Say there are sidewalks
76 % Say car is needed
72 % Say it's dog friendly
71 % Say streets are well-lit
64 % Say it's walkable to restaurants
64 % Say there's holiday spirit
60 % Say parking is easy
56 % Say yards are well-kept
47 % Say it's quiet
45 % Say kids play outside
43 % Say neighbors are friendly
43 % Say they plan to stay for at least 5 years
39 % Say people would walk alone at night
38 % Say it's walkable to grocery stores
37 % Say there are community events
22 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 965 Eldridge Ave
Off Market Homes Near 965 Eldridge Ave

Based on information submitted to the MLS GRID as of 2026-07-08 00:28:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

